The Government of India and the Asian Development Bank (ADB) signed $26 Million Loan Agreement to provide additional financing for improving drainage ...
We will Remain Committed For Bringing Reforms: Arun Jaitley
Union Minister for Finance Arun Jaitley said that the Government is committed to facilitate trade and industry in the country so that the momentum of ...
Finance Ministry to Pump Rs 48,239 Cr in 12 PSU Banks
With this funding, the total amount of capital infusion would increase to Rs 1,00,958 crore of the planned recapitalisation of Rs 1.06 lakh crore for ...
Pulwana Impact: India Hikes Import Duty on Pakistani Goods to 200 pc
The decision would significantly hit Pakistan's exports to India, which stood at USD 488.5 million (around Rs 3,482.3 crore) in 2017-18 as it would dr...
Pawan Hans Sale May Soon be Complete
The final share purchase agreement will be shared soon with shortlisted bidders of Pawan Hans for selling the government and ONGC’s stake in the...
Rs 1157 Cr Spent by Finance MInistry Without CAG’s Approval
The Ministry of Finance spent Rs 1,157 crore on various heads during 2017-18 without obtaining prior approval of Parliament, the Comptroller and Audit...
GST Collection in January 2019 Crossed 1 Lakh Crore
“The total gross GST Revenue collected in the month of January, 2019 has today crossed Rs 1 lakh crore. This has been a significant improvement over c...
Govt. To Rationalize Customs Duty Structure & Procedures for ‘Make In India’ Boost
Mr. Piyush Goyal said, “The Government has abolished duties on 36 capital goods. A revised system of importing duty-free capital goods and inputs for ...
FIEO Urged Finance Ministry and RBI to Help Indian Exporters Who Work with Iran
FIEO has sought immediate intervention of the Government and RBI to resolve issues related to payment mechanism for Iran and flow of credit to push sh...
Finance Ministry Wants PSUs to Restrict Govt Equity to 52%
"This need to be aligned to the best corporate practices. The shareholding needs to come down to at least 52 per cent in the first phase. As and when ...
